PayPal Inc. of San Jose has hired Dan Schatt as a senior director of strategy.
Mr. Schatt, a senior analyst who covers payments and online banking for the Boston market research firm Celent LLC, will join the eBay Inc. unit July 23.
He will report to Rajiv Dutta, the president of PayPal.
President Donald Trump has tapped Treasury official John Crews to be the next chair of the National Credit Union Administration.
Parker Group unexpectedly ceased operating last week, then filed for Chapter 7 bankruptcy a few days later as sponsor banks and customers were left scrambling.
The Consumer Price Index for April showed consumer prices rising across all categories, including food and shelter costs, and up 3.8% year-over-year. Grocery prices rose 0.7% from the month prior.
Regulatory proposals are boosting interest for banks to grow in mortgage, but sustainability demands deliberate, rather than reactive, strategy, experts say.
Plans were moving along smoothly for a new data center in Franklin County, Missouri — until residents found out about it. Now the project is facing a fierce public backlash, and a local community bank is caught in the crossfire.
The Village Bank is already mulling expanding the concept to other locations if the one planned for its Wellesley, Mass., office lives up to expectations.
